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Search Results 0 to 49 of about 99 (some duplicates have been removed)
this is a guy who wants to give tax cuts to the wealthc and to voucherrize medicare. romney will say he is the defender of the middle class. t both sides say this could get heated tonight. >> chris, thank you. >> good evening. >> we go to jim lehrer of pbs moderating this debate. >> i'm jim lehrer and welcome you to the first of the 2012l presidential debates between president barack obama the democratic nominee and former, massachusetts governor mitt romney the republican nominee. this debate and the next three, two presidential, one vice presidential, are sponsored byo the commission on presidential debates. tonight's 90 minutes will be about domestic issues and will follow a format designed by the commission. there will be six roughly 15 minute segments with two minutt answers for are the first question and then open discussion for the remainder o. each segment. o thousands of people offered suggestions on segment subjects or questions via the internet and other means.. but i made the final selections and for the record, they were not submitted for approval tomi the commission or the
, that's where obam will be tough on romney saying he wants to give tax cuts to the wealthy and to voucherrize medicare. romney will say he is the defender of the middle class. one thing both sides say this, could get heated tonight. >> we go to jim lehrer of pbs, moderating this debate. >> jim: i'm jim lehrer. i welcome you to the first of the 2012 presidential debates, between president barack obama, the democratic nominee, and former massachusetts governor, mitt romney, the republican nominee. this debate and the next three, two presidential, one vice-presidential, are sponsored by the commission on presidential debates. tonight's 90 minutes will be about domestic issues and will follow a format designed by the commission. there will be six roughly 15-minute segments, with two-minute answers for the first question. then open discussion for the remainder of each segment. thousands of people offered suggestions on segment subjects or questions via the internet and other means. but i made the final selections. and for the record, they were not submitted for approval to the c
're going. governor romney has a perspective that says if we cut taxes, skewed towards the wealthy ad roll back regulation, we'll be better off. i have a different view. i think we have to invest in education and training. i think it's important for us to develop new sources of energy here in america. that we change our tax code to make sure that we're helping small businesses and companies that are investing in the united states. that we take some of the money that we're saving as we wind down two wars, to rebuild america. and that we reduce our deficit in a balanced way that allows us to make critical investments. now, ultimately it will be up to the voters, to you, which path we should take. are we going to double down on the top down economic policies that helped get us into this mess? or do we embrace a new economic patriotism, that says america does best when the middle class does best? i'm looking forward to having that debate. >> governor romney, two minutes. >> thank you, jim. an honor to be with you and pleased to be with the president. i'm pleased to be at the university of denv
and your taxes. >> unlike president obama, i will not raise tax on the middle class of america. >> i want to reform the tax code so it's simple, fair. >> the candidates' opinions couldn't be more different and the stakes couldn't be higher. >> their philosophy is if you don't are health insurance, don't get sick. >> now is the moment we can do something. and with your help, we will do something. >> cnbc's coverage of the first presidential debate of the 2012 presidential election begins now. >> tonight some of the most influential figures in the nation on the economy join us here on cnbc. >> we've got representative and hopeful ron paul with us. texas, from texas. he is of course outspoken about the federal reserve policies. robert reich is here with us tonight. also with us grover norquist. the man behind the no new taxes pledge so many republicans made. and bob lutz a former top auto executive. the auto bailout expected to be a big topic tonight. and we've got president of the aflcio. unions of course a major constituency. and roger altman. as you can see the lineup card is full. going
. >> i will not raise taxes on middle-income americans. >> the debates will matter to some undecided voters. >> the debates could decide the election for either one of us. >> from denver, colorado, here is scott pelley. >> pelley: good evening. we're about to see the one thing we haven't seen in this long campaign for the presidency-- the candidates side by side. it's the first of three debates between the democratic incumbent-- 51-year-old barack obama-- and his republican challenger 65-year-old mitt romney. it comes 34 days before the election-- though early voting is already under way in many states. the focus tonight is domestic issues, including the economy, still struggling to recover from the great recession. polls show the race is very close nationally, but in swing states that will tip the balance, the president is ahead. so he'll be trying to protect his lead and for mitt romney, it's an opportunity for a breakout moment. in front of what could be the biggest audience he will have before election day. the sole questioner tonight is jim lehrer. it's the 12th time he's served
more, taxing more, regulating more, if you will, trickle down government would work. >> president obama sounded a familiar alarm. warning of romney's been there done that economics. >> the approach that governor romney is talking about is the same sales pitch that was made in 2001 and 2003. we ended up with the slowest job growth in 50 years. >> whether it was health care, jobs, or medicare, it was romney who stood out for his aggressive ste. >> i just don't know how the president could have come into office facing 23 million people out of work, rising unemployment, an economic crisis at the kitchen table, and spend his energy and passion for two years fighting for obama care. >> the president made his points in a slower, more laid back, often looking down, sometimes appearing disengaged. it's not that he didn't try to rip apart romney's economic plan. >> that kind of top-down economics where folks at the top are doing well, so the average person making $3 million is getting a $250,000 tax break while middle class families are burdened further. >> romney was determined to go toe to toe.
could be accurate or not. what is the person saying there should not be a millionaire tax or should be. who is the special interest dominating that message point coming out and how does the voter get through it? i think one the most amazing thicks happening in the country when you look at the president number heys doing well. what's fascinated about the amount of money being spent by the cross roads and the entity for some reason the message is not coming through it's not compel fpg you look at the swing states that we were going to be remarkably close are going to trend toward tbhawm a way that somebody thinks to seem unless the debate set the presidential election. it's clear the spt heading toward a environment he has a advantage. romney is going to be exceptional. >> tune in. >> fiewn in and watch. let watch. >> i'm excited. >> talk about in next week in class. >> would you taunt the cross road different and you engage in more localized races congressional and senate how you choose your priorities since so you have a broader scope. >> yeah. that's a good question. we're focused on
is on cbssf.com. warning today of sharply higher taxes and worse unless washington comes up with a sudget deal. on cou think the united states would go back into recession? inthead of the international monetary fund paints a dark oncture. wyatt andrews and anthony mason on today's threats to the recover. thr the first time we'll take you inside this secret u.s. facility. bob orr shows us where they track terror suspects worldwide. and jim axelrod with a young soccer player who's replaced a missing leg with gallantry on the field. >> i just want to be seen as an equal. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening, and we could add happy new year, because this is the first day of the federal government's new fiscal year. but there's not much to celebrate because the nation is headed toward what's being called the fiscal cliff and there are dire new warnings today about what will happen to american families unless congress and the president reach a budget deal by december 31. that is the day that a series of tax cuts will
? >> is it fair to use the flag to get the rich to pay more than their fair share of taxes? >>> plus, face time for facebook. >> chairs are for people. that is why chairs are like facebook. >> why is the billion-member social media giant suddenly running ads? we'll update their status ahead on the "closing bell." ♪ [ piano ] you. we know you. we know that at times the basic things have felt like luxuries. that you had to earn the right to more. and that you feel real pride. introducing a car made better for you in every way. and built in america for thirty years. the all-new honda accord. it starts with you. ♪ i was downstairs making coffee, and we heard it. it just came crashing through the roof, out of nowhere. what is it? it's our ira. any idea what coulda caused this? maybe. i just sorta threw a little money here, a little money there. and i loaded up on something my dentist told me was hot. yeah. ♪ >>> pretty decent rally on wall street so far today. bob is in the middle of it all here at the new york stock exchange. >> hello, william. they're talking the bulls are out. they're talki
a group of bi- partisian lawmakers outlined a three-tiered plan to avoid automatic tax hikes set to go into effect in january. lawmakers must also lay the groundwork on a basic plan to reduce the federal deficit. the group will begin work on the plan following november's election and have until january to agree on a deal. senators could face some road blocks along the way. senate democrats say they do not agree with extending bush-era tax cuts, while republicans oppose raising tax rates. a shocking stat is out about millionaires getting paid unemployment. according to the congressional research service, nearly 2400 millionaires were paid unemployment in 2009. add to that another 954,000 households earning more than $100,000 also taking home unemployment benefits. the numbers include people who were hired for higher-paying jobs after receiving the government money. in 2011, the senate voted unanimously to end unemployment payments to jobless millionaires. however, it was attached to another bill which is yet to pass in the senate. a bailout for spain is "not imminent." that's according
corporate tax revenue has tumbled. mariano rajoy issues the latest denial that he's ready for a bailout. >>> we now have the latest numbers crossing for the eurozone services pmi. the september final services read coming in at 46.1. an improvement that we have seen from the 46 number. this is still the lowest level we're seeing since 2009. the forward indication 49.4. in terms of what we're seeing on the final comp sit pmi, this is above the 45.9 read that we have, but just a fraction below what we saw in august, the rate was 46.3 then. this is the lowest read since may 2009. in terms of new business number for the composite september rate, 43.8. we're still right back at some of these 2009 lows. >>> elsewhere, the numbers are not that much better. lisa has more on these numbers out of china. >> official data showed china services sector fell sharply in september to its lowest level in almost two years. it shows the rest of the economy has started to feel the effect from the sluggish manufacturing sector. if you look at the breakdown of the services pmi, the construction services sub in
has questions on the president from taxes to debt and spending. >> he wants another stimulus? how did the first one work out? he wants to hire more government workers? he wants to pick with winners and losers solyndra, losers in his case. we know where that leads. we have seen the last four years. we don't want four more years like the last four years. >> reporter: the debate at the university on long island is going to include foreign policy. to that end the governor is rolling out the foreign policy ball. he has a big speech on foreign policy at virginia military institute in lexington. >> gregg: tell us how big the first debate is playing out in the campaign ads. >> reporter: both sides are trying to portray the other as the bigger fiber. he has new ad from both campaigns and both are saying the other is untruthful from taxes to anything under the sun. take a look. >> i don't have five trillion dollar tax cut. if you just implemented it would cut five trillion dollars. >> i will not produce the taxes paid by high income americans. >> is that actually true? >> the latest, not tellin
the so-called political zingers. among the topics that generated the most heat, taxes. >> i don't have a $5 trillion tax cut. i don't have a tax cut of the scale that you're talking about. my view is that we ought to provide tax relief to people in the middle class. but i'm not going to reduce the share of taxes paid by high income people. high income people are doing just fine in this economy. they'll do fine whether you're president or i am. the people having the hard time are middle income americans. under the president's policy, middle income americans have been buried. they're being crushed. >> for 18 months he's been running on this tax plan. and now five weeks before the election he's saying that his big bold idea is never mind. and the fact is that if you are lowering the rates the way you describe, governor, then it is not possible to come up with enough deductions and loopholes that only affect high income individuals to avoid either raising the definite it or burdeneni ing the middle class. it's hamath. >> another hot topic, the deficit. >> it's now four years later, we stil
's got a lot of dough, and hasn't released any tax returns, zero tax returns i think. what did you find out, anything? >> billion in a prior story, not this story, when we looked at earmarks we did find earmarks that was very close to his undeveloped property. >> right, i saw a nice deal here on a land deal in 1998, 700 grand. anyway, just wondered. >> right, exactly. we have a whole host of stories that we've done that look more at this intersection between their duties and their personal assets and that's -- >> that's the best way, not with a couple of, you know, stock tips in congress. i like it ben they do the earmarks, where they buy something and then maybe check the former speaker, too. anyway, right? kimberly, thank you. appreciate it. >> thank you very much for having me. >> all right, see you. >>> oh, it's me. coming up, this morning's top stories set to foreboding music. the rails for the white house, both hitting the campaign trail. former governors face off in the issues and former hp boss carly fiorina, why she calls the board a serial dysfunction, and not like cereal. you
his tax proposal. >> i've got five boys, i'm used to people saying something that's not always true, but keep on repeating it and ultimately hoping i'll believe it. >> let me just say this was a brilliant rhetorical device on the part of mitt romney for a couple of reasons, first of all, by invoking the story of his sons, it really brought a sense of connection to mitt romney as a father. he's raised kids. he is more like us at least in that regard. countering one of the great criticisms of mitt romney that he doesn't understand the rest of people. that showed a connection. the fact that his boys had told him, let's just say funny business like everybody does to their parents, that, too, said, yeah, it must be pretty normal after all at the romney house, but then the subtle device was this, he was actually saying, you know, it doesn't matter whether you're my sons in my house or whether you're president, if you keep telling me something that's not true over and over, i'm not so crazy as to believe it. it was a powerful moment and yet, he did it within a way that everybody could smil
of uncertainty in terms of tax and spending policy really in our history. >> reporter: his organization, the national retail federation, is forecasting a 4.1% gain. but the international council of shopping centers is more cautious, predicting an increase of less than 3%. shoppertrak and deloitte fall in the middle. some of the differences can be blamed on conflicting economic signs. higher home prices and stock prices are boosting consumer confidence. >> people are always looking for something to give them a real sort of positive outlook, something to make them feel better. shopping is pretty much one thing to make most people feel better if they can. >> reporter: but job growth is weak, and food and gasoline prices are rising. with so much uncertainty, you can expect to see lots of holiday promotions. but tv ads will come later. >> in normal years, we'd already start to see some holiday advertising taking place now. but because of the political elections that are coming up and the campaigns, there's virtually no airtime that retailers can afford to buy. >> reporter: but you can bet th
Search Results 0 to 49 of about 99 (some duplicates have been removed)